Filing Flows › Eplus (PLUS) › Q1 FY27 › vs Q1 FY26
Eplus (PLUS) Q1 FY27 vs Q1 FY26 (year over year)
Eplus's revenue rose $6.3M (+1%) from $643M in Q1 FY26 to $649M in Q1 FY27. The biggest changes: Managed Services Reporting Unit +$6.7M (+15%); Professional Services Reporting Unit −$3.6M (-5%); Product Reporting Unit +$3.2M (+0.6%). Gross margin 23.3% against 23.9% (-0.6 pts).
Eplus, Q1 FY27: revenue $649M (+1% year over year), operating margin 6.0%, net earnings $30.3M, operating cash flow $76.5M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 23.3% | 23.9% | -0.6 pts |
| Operating margin | 6.0% | 6.7% | -0.7 pts |
| Net margin | 4.7% | 6.6% | -2.0 pts |
| Free cash flow margin | 11.7% | -15.5% | +27.2 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Product Reporting Unit | $530M | $526M | $3.2M | +0.6% |
| Professional Services Reporting Unit | $68.1M | $71.7M | −$3.6M | -5% |
| Managed Services Reporting Unit | $51.3M | $44.6M | $6.7M | +15% |
| Revenue | $649M | $643M | $6.3M | +1% |
| Gross profit | $151M | $154M | −$2.3M | -2% |
| Cost of revenue | $498M | $489M | $8.7M | +2% |
| Other income, net | $3.1M | $11.2M | −$8.1M | -72% |
| Operating profit | $38.8M | $42.9M | −$4.1M | -10% |
| Operating expenses | $112M | $111M | $1.8M | +2% |
| Pre-tax earnings | $42.0M | $54.1M | −$12.2M | -22% |
| SG&A | $107M | $104M | $3.0M | +3% |
| Other operating costs | $5.9M | $7.1M | −$1.2M | -17% |
| Net earnings | $30.3M | $42.6M | −$12.3M | -29% |
| Income tax | $11.7M | $11.5M | $145K | +1% |
| Depreciation & amortization | $6.2M | $7.4M | −$1.3M | -17% |
| Share-based compensation | $3.1M | $2.7M | $458K | +17% |
| Working capital & other | $36.9M | −$152M | $189M | — |
| Operating cash flow | $76.5M | −$99.0M | $175M | — |
| Free cash flow (OCF − capex) | $75.6M | −$99.8M | $175M | — |
| Capital expenditures | $853K | $835K | $18K | +2% |
Questions
How much did Eplus's revenue grow year over year in Q1 FY27?
Eplus's revenue rose $6.3M (+1%) from $643M in Q1 FY26 to $649M in Q1 FY27.
What drove Eplus's revenue change in Q1 FY27?
Managed Services Reporting Unit +$6.7M (+15%); Professional Services Reporting Unit −$3.6M (-5%); Product Reporting Unit +$3.2M (+0.6%).